RepuX is launching a decentralized, Ethereum-backed platform for SMEs to upload and sell data to other users on the network. The data will be encrypted and distributed securely across the globe using IPFS. SMEs will be able to sell data to developers who can then use the data to create DAPPS, which can then be sold back to SMEs to grow and scale their businesses. Reputation scores are determined by the purchasers, which keeps the data sellers honest. The RepuX platform forms the foundation for a SME-developer ecosystem wherein all parties benefit from a more transparent and efficient platform for data exchange.
Ethereum